Hillway Metal Mining rose 4.76% on Thursday to $3.96.
According to the latest report, the Measured+Indicated resource of the Gaozhuang mining area in Guangdong Province is 11.5 million tons, with a silver grade of 84g/t, a lead grade of 1.18%, and a zinc grade of 2.85%. Compared with the technical report in 2021 (as of December 31, 2020), both resources and reserves have increased and there is potential to further expand the resource base through further exploration and development.
According to public information, Hillway mainly acquires, explores, develops, and produces nonferrous metals such as silver, gold, lead, and zinc, as well as precious metals. It has become one of the largest silver and lead-zinc producers in China. The strong prices of precious metals such as gold and silver are expected to continue to drive Hillway's stock price higher.